New offering delivers efficiency, speed and trust in even the most complex IT environments "Speeding the delivery of critical applications while meeting security and compliance requirements is a must for every business. With today's release, we are extending our customers' ability to do this and much more," said Sundar Subramanian, EVP & General Manager of Infrastructure Management at Progress. "Chef Courier helps to seamlessly unite people, tools and workflows by streamlining critical IT processes. Along w ...

New offering delivers efficiency, speed and trust in even the most complex IT environments BURLINGTON, Mass., July 31, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced the launch of Progress® Chef® Courier™— an innovative product designed to streamline, automate and optimize job orchestration across the entire enterprise software infrastructure. Delivered on the new cloud-native platform, Progress® Chef 360™, Chef Courier adds to t ...

New UI toolkit enables customers to build data-driven applications up to 90% faster than starting from scratch While organizations add more diverse data types to provide context for business analytics, they struggle to gain deep insights as most business intelligence tools can visualize one aspect of data at a time, giving only a partial representation of what's going on. Data and analytics leaders must bridge the gap between the analytics of today and the context-enriched analysis their industry demands. " ...

BURLINGTON, Mass., July 11, 2024 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered infrastructure software, today announced new and powerful enhancements in the latest release of Progress® LoadMaster® 360, its cloud-based unified application delivery platform. These enhancements help organizations protect their web applications against increasingly sophisticated cyberattacks and provide customers with an optimal application experience. Web applications present attractive targets ...

Product Development Amortization of intangibles included in operating expenses primarily represents the amortization of value assigned to intangible assets obtained in business combinations other than assets identified as purchased technology. The decrease in the second quarter of fiscal year 2024 is due to certain intangible assets becoming fully amortized in the period. Amortization of intangibles increased in the first six months of fiscal year 2024 due to the addition of MarkLogic intangible assets, as ...

Progress Software Today PRGS Progress Software $53.46 -1.48 (-2.69%) 52-Week Range $48.00 ▼ $62.34 Dividend Yield 1.31% P/E Ratio 32.60 Price Target $63.14 Add to Watchlist Progress Software NASDAQ: PRGS is a technology company within the systems software sub-industry. The stock reached its 2024 low on Jun. 20, when it was down nearly 11% year to date. The firm reported its secondquarter financial results on Jun. 25, 2024, and is back in the green, now up almost 2% on the year. The firm's results impressed ...

Important Information Regarding Non-GAAP Financial Information Progress furnishes certain non-GAAP supplemental information to our financial results. We use such non-GAAP financial measures to evaluate our period-over-period operating performance because our management team believes that by excluding the effects of certain GAAP-related items that in their opinion do not reflect the ordinary earnings of our operations, such information helps to illustrate underlying trends in our business and provides us wit ...

Progress Software Corporation (NASDAQ:PRGS) Q2 2024 Earnings Conference Call June 25, 2024 5:00 PM ET Company Participants Mike Micciche - VP, IR Yogesh Gupta - CEO Anthony Folger - CFO Conference Call Participants Fatima Boolani - Citigroup Pinjalim Bora - JPMorgan John DiFucci - Guggenheim Securities Harshil Thakkar - Oppenheimer Lucky Schreiner - D.A. Davidson Antonio Venturim - Jefferies Operator Good day and welcome to the Progress Software Corporation Q2 2024 Earnings Call. At this time all participan ...

Progress Software (PRGS) reported $175.08 million in revenue for the quarter ended May 2024, representing a year-over-year decline of 2.3%. EPS of $1.09 for the same period compares to $1.06 a year ago. The reported revenue represents a surprise of +3.85% over the Zacks Consensus Estimate of $168.6 million. With the consensus EPS estimate being $0.95, the EPS surprise was +14.74%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

This quarterly report represents an earnings surprise of 14.74%. A quarter ago, it was expected that this business software maker would post earnings of $1.14 per share when it actually produced earnings of $1.25, delivering a surprise of 9.65%. Progress Software, which belongs to the Zacks Computer - Software industry, posted revenues of $175.08 million for the quarter ended May 2024, surpassing the Zacks Consensus Estimate by 3.85%. This compares to year-ago revenues of $179.23 million. The company has to ...